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description

Outlines the four primary public policy objectives underlying the U.S. laws regulating business in the early 21st century: to promote economic growth; to protect workers; to promote consumer welfare, and to promote public welfare. Other major economic powers tend to have laws that promote these same objectives, albeit with varying degrees of emphasis on the different objectives and varying ways of promoting them.

A rewritten version of an earlier note.

learning objective:

To make managers more legally astute by providing a framework for understanding the multitude of local, state, and federal laws governing business.

subjects covered:

Business & government relations; Compliance management; Economic development; Entrepreneurship; Government policy; Government regulations; Legal aspects of business; Social enterprise